Markets regulator Sebi has validated a well-known secret on Dalal Street – most retail intraday traders don’t make money. According to a study by Sebi, 71% of individual traders in intraday equity segment incurred losses during FY23, up from 65% in FY19 and 69% in FY22. Not just that, the more you trade intraday, the … Read more
Republican Presidential nominee and former President Donald J. Trump holds campaign rally at the Van Andel Arena in Grand Rapids, Michigan on July 20, 2024. Bill Pugliano | Getty Images News | Getty Images Former President Donald Trump would likely take his trade war and economic decoupling policies to new levels if he were elected to … Read more
US Vice President Kamala Harris seen attending the 2024 Munich Security Conference on February 16, 2024 in Munich, Germany. Johannes Simon | Getty Images There’s a renewed sense of excitement among European officials as U.S. Vice President Kamala Harris becomes the frontrunner for the Democratic nomination ahead of the all-important election this fall. The U.S. … Read more
Traders work on the floor of the New York Stock Exchange during morning trading on Jan. 31, 2024 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more
Traders work on the floor of the New York Stock Exchange on April 26, 2023 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they … Read more
Former Donald Trump adviser Peter Navarro holds a press conference before turning himself into a federal prison on March 19, 2024, in Miami, Florida. Joe Raedle | Getty Images Peter Navarro, the former Trump trade advisor who was convicted of defying a subpoena from the House committee investigating the Jan. 6 Capitol riot, is set … Read more
Image of Chinese customs officers holding bags of snakes seized at the Futian Port shared on July 9, 2024 Source: General Administration of Customs of the People’s Republic of China A man attempting to smuggle 104 live snakes in his pants was caught at a Chinese border this week, according to the country’s customs authority. … Read more
Workers producing garments at a textile factory that supplies clothes to fast fashion e-commerce company Shein in Guangzhou in southern China’s Guangdong province. Jade Gao | Afp | Getty Images The rise of Asian fast fashion retailer Shein already has Amazon on alert, but its plans of selling proprietary supply-chain technology and services to companies … Read more
Lehmann says Tiptop has cataloged around 50,000 specific products that it will accept as trade-ins. The company will take things like your old phones, laptops, and baby strollers, although some items aren’t eligible for trade-in because they’d be too costly to ship. (You can’t trade in your fridge, sorry.) Behind the scenes, Tiptop uses some … Read more
GP: American flag and Chinese flag Matt Anderson Photography | Moment | Getty Images A recent survey of Chinese enterprises in the U.S. has found that a majority remain bullish on the market long term despite growing concerns about U.S.-China relations and the broader business environment. The annual survey conducted by the China General Chamber … Read more
